Global Airborne Target Acquisition Systems Market Size Study, by Platform, by Technology, by Range, by Applications and Regional Forecasts 2022-2032

Description

The Global Airborne Target Acquisition Systems Market is valued at approximately USD 1,123.05 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 8.38% over the forecast period 2024-2032. Airborne Target Acquisition Systems are sophisticated technologies used on aircraft to detect, track, and identify potential targets from the air. These systems integrate advanced sensors, radar, infrared, and electro-optical technologies to gather and process data on targets, which may include enemy aircraft, ground vehicles, or maritime vessels. The systems enable pilots and operators to engage targets with precision by providing real-time information and situational awareness. They are essential for various military missions, including reconnaissance, surveillance, and combat operations, enhancing the effectiveness and accuracy of aerial engagements while maintaining a strategic advantage over adversaries. The Airborne Target Acquisition Systems Market is driven by increased military expenditure and technological advancements. Governments worldwide are investing heavily in defense capabilities, leading to a demand for advanced target acquisition systems to enhance situational awareness and combat readiness. Innovations in radar technology, electro-optical sensors, and data fusion algorithms are propelling market growth.

The increasing demand for airborne surveillance and reconnaissance significantly drives the Airborne Target Acquisition Systems market. As military and defense operations expand and become more complex, there is a growing need for advanced systems that can provide comprehensive real-time data and situational awareness. Airborne Target Acquisition Systems, equipped with cutting-edge radar, infrared, and electro-optical sensors, play a crucial role in detecting, tracking, and identifying targets from the air. These systems enhance operational effectiveness by enabling precise targeting and informed decision-making during missions. Additionally, the rise in global security concerns and geopolitical tensions further amplifies the need for reliable and advanced airborne surveillance capabilities. Furthermore, the market for these systems is experiencing robust growth, driven by the quest for superior surveillance and reconnaissance technologies.

The key region in the Global Airborne Target Acquisition Systems Market includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2023, North America dominates the market in terms of revenue, attributed to the presence of major defense contractors and increasing demand for advanced systems. The region, particularly the United States, is home to major defense contractors and cutting-edge research facilities that drive innovation in airborne target acquisition technologies. The extensive and technologically sophisticated fleet of military aircraft in North America requires state-of-the-art systems for enhanced surveillance and precision targeting. Europe followed closely, driven by the need for modernization of defense systems and the presence of leading defense companies. Furthermore, Asia Pacific region is expected to witness the fastest CAGR growth during the forecast period 2024-2032, owing to increasing defense spending in countries such as China and India.

Major market players included in this report are:

Thales Group
Lockheed Martin
Saab AB
Raytheon Technologies
General Dynamics
Hindustan Aeronautics Limited
Leonardo SpA
Airbus
BAE Systems
L3Harris Technologies
Boeing
Northrop Grumman
Elbit Systems
Israel Aerospace Industries

The detailed segments and sub-segment of the market are explained below:

By Platform:

Fixed-Wing Aircraft
Helicopters
Unmanned Aerial Vehicles (UAVs)

By Technology:

Radar
Electro-Optical/Infrared (EO/IR) Systems
Electronic Support Measures (ESM)

By Range:

Short-Range
Medium-Range
Long-Range

By Applications:

Air-to-Air Combat
Air-to-Ground Surveillance
Maritime Surveillance
Electronic Warfare

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Airborne Target Acquisition Systems Market Executive Summary

1.1. Global Airborne Target Acquisition Systems Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Platform
- 1.3.2. By Technology
- 1.3.3. By Range
- 1.3.4. By Applications
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Airborne Target Acquisition Systems Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Airborne Target Acquisition Systems Market Dynamics

3.1. Market Drivers
- 3.1.1. Advancements in Airborne Radar Technology
- 3.1.2. Increasing Demand for Airborne Surveillance and Reconnaissance
- 3.1.3. Growing Investment in Defense Spending
3.2. Market Challenges
- 3.2.1. High Cost of Development and Integration
- 3.2.2. Regulatory and Compliance Issues
3.3. Market Opportunities
- 3.3.1. Integration of AI and ML in Target Acquisition Systems
- 3.3.2. Development of Multi-Mode Sensors
- 3.3.3. Growing Adoption of Network-Centric Capabilities

Chapter 4. Global Airborne Target Acquisition Systems Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Airborne Target Acquisition Systems Market Size & Forecasts by Platform 2022-2032

5.1. Segment Dashboard
5.2. Global Airborne Target Acquisition Systems Market: Platform Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Fixed-Wing Aircraft
- 5.2.2. Helicopters
- 5.2.3. Unmanned Aerial Vehicles (UAVs)

Chapter 6. Global Airborne Target Acquisition Systems Market Size & Forecasts by Technology 2022-2032

6.1. Segment Dashboard
6.2. Global Airborne Target Acquisition Systems Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Radar
- 6.2.2. Electro-Optical/Infrared (EO/IR) Systems
- 6.2.3. Electronic Support Measures (ESM)

Chapter 7. Global Airborne Target Acquisition Systems Market Size & Forecasts by Range 2022-2032

7.1. Segment Dashboard
7.2. Global Airborne Target Acquisition Systems Market: Range Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Short-Range
- 7.2.2. Medium-Range
- 7.2.3. Long-Range

Chapter 8. Global Airborne Target Acquisition Systems Market Size & Forecasts by Applications 2022-2032

8.1. Segment Dashboard
8.2. Global Airborne Target Acquisition Systems Market: Applications Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Air-to-Air Combat
- 8.2.2. Air-to-Ground Surveillance
- 8.2.3. Maritime Surveillance
- 8.2.4. Electronic Warfare

Chapter 9. Global Airborne Target Acquisition Systems Market Size & Forecasts by Region 2022-2032

9.1. North America Airborne Target Acquisition Systems Market
- 9.1.1. U.S. Airborne Target Acquisition Systems Market
  - 9.1.1.1. Platform breakdown size & forecasts, 2022-2032
  - 9.1.1.2. Technology breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Airborne Target Acquisition Systems Market
  - 9.1.2.1. Platform breakdown size & forecasts, 2022-2032
  - 9.1.2.2. Technology breakdown size & forecasts, 2022-2032
9.2. Europe Airborne Target Acquisition Systems Market
- 9.2.1. U.K. Airborne Target Acquisition Systems Market
- 9.2.2. Germany Airborne Target Acquisition Systems Market
- 9.2.3. France Airborne Target Acquisition Systems Market
- 9.2.4. Spain Airborne Target Acquisition Systems Market
- 9.2.5. Italy Airborne Target Acquisition Systems Market
- 9.2.6. Rest of Europe Airborne Target Acquisition Systems Market
9.3. Asia-Pacific Airborne Target Acquisition Systems Market
- 9.3.1. China Airborne Target Acquisition Systems Market
- 9.3.2. India Airborne Target Acquisition Systems Market
- 9.3.3. Japan Airborne Target Acquisition Systems Market
- 9.3.4. Australia Airborne Target Acquisition Systems Market
- 9.3.5. South Korea Airborne Target Acquisition Systems Market
- 9.3.6. Rest of Asia Pacific Airborne Target Acquisition Systems Market
9.4. Latin America Airborne Target Acquisition Systems Market
- 9.4.1. Brazil Airborne Target Acquisition Systems Market
- 9.4.2. Mexico Airborne Target Acquisition Systems Market
- 9.4.3. Rest of Latin America Airborne Target Acquisition Systems Market
9.5. Middle East & Africa Airborne Target Acquisition Systems Market
- 9.5.1. Saudi Arabia Airborne Target Acquisition Systems Market
- 9.5.2. South Africa Airborne Target Acquisition Systems Market
- 9.5.3. Rest of Middle East & Africa Airborne Target Acquisition Systems Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. General Dynamics
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Hindustan Aeronautics Limited
- 10.3.3. Leonardo SpA
- 10.3.4. Airbus
- 10.3.5. BAE Systems
- 10.3.6. L3Harris Technologies
- 10.3.7. Boeing
- 10.3.8. Northrop Grumman
- 10.3.9. Elbit Systems
- 10.3.10. Israel Aerospace Industries
- 10.3.11. Thales Group
- 10.3.12. Lockheed Martin
- 10.3.13. Saab AB

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes